Nagoya Commodity Exchange (NGCX) Receives Commodities Market Award Deployed for Real-Time Commodities Pricing

    NAGOYA, JAPAN, October 24, 2014 /24-7PressRelease/ -- The awards recognize industry excellence with market data, reference data and enterprise data management. The Best Real-Time Market Commodities Pricing award is given to the financial institution that has delivered value and competitive advantage for their customers through innovative ways of leveraging and enhancing real-time data.

Nagoya Commodity Exchange was recognized for its implementation of Data Feed Complex Event Processing technology to analyze real-time data and generate settlement prices for a variety of options products.
The technology enhancement is integrated to correlate multiple data feeds from various markets and deliver real-time pricing information to customers across 70 countries. Nagoya Commodity Exchange handled more than 300 million contracts with an average value of 1.1 trillion dollars last year. The system is highly scalable and it is designed to maintain performance up to two times the last known peak of trading volume.

"We are delighted that our commitment to innovation on behalf of our clients has been recognized by the market players," said the Mr. Juzaburo Tateno, Director of Data and Pricing Architecture at Nagoya Commodity Exchange. "We continue to advance our trading environments and capabilities by integrating human intelligence with cutting-edge technologies. Through these initiatives we are able to market data in a reliable and low latency manner while providing transparent and accurate settlement pricing for our customers."

About Nagoya Commodity Exchange
Nagoya Commodity Exchange (NGCX.org) is a state-of-the-art, fully electronic commodities market offering a full range of listing and trading opportunities for international and domestic commodities, debt, depository receipts, insurance securitization and derivative warrants. Nagoya Commodity Exchange facilitates commodities trading and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. Nagoya Commodity Exchange significant growth over the last several years is due in large part to the company's innovative and flexible approach. In addition to taking a leading role in what has become a world trend towards profitability and demutualization, the Exchange has sought to create unique products and services for its markets.

About Nagoya Commodity Exchange
Nagoya Commodity Exchange (NGCX.org) is a state-of-the-art, fully electronic commodities market offering a full range of listing and trading opportunities for international and domestic commodities, debt, depository receipts, insurance securitization and derivative warrants.

Website: http://www.ngcx.org

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